Abstract
The advancement in communications and sensing technology is facilitating the spread of condition-based maintenance (CBM) in the industry. It is of high importance to include the impact of spare parts quality, lead-time, and the inspection errors of the incoming quality control on maintenance cost and system's availability. We propose a new maintenance model capturing the effects of the previous characteristics in addition to replacement cost, holding cost, and shortage cost. In a case study, our model is optimized by determining the degradation threshold at which a spare part is ordered. We show that a proper inspection of spare parts pays back up to 22% in maintenance cost savings as the quality of the spare parts deteriorates. The vendor lead-time, the offered spare part price, and the mean degradation per time unit have a significant impact on the optimal maintenance cost. Finally, the costly detection processes of defective items installed in the system, due to inspection error, have a limited cost reduction.
Original language | English |
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Title of host publication | IISE Annual Conference and Expo 2021 |
Editors | A. Ghate, K. Krishnaiyer, K. Paynabar |
Publisher | Institute of Industrial and Systems Engineers, IISE |
Pages | 507-512 |
Number of pages | 6 |
ISBN (Electronic) | 9781713838470 |
State | Published - 2021 |
Publication series
Name | IISE Annual Conference and Expo 2021 |
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Bibliographical note
Publisher Copyright:© 2021 IISE Annual Conference and Expo 2021. All rights reserved.
Keywords
- Condition-based maintenance
- Continuous monitoring
- Spare part quality
- Type I and type II inspection errors
ASJC Scopus subject areas
- Control and Systems Engineering
- Industrial and Manufacturing Engineering